The last 24 hours have been tough for cryptocurrency investors, as many coins saw their prices go down. Bitcoin and other major cryptocurrencies (often called altcoins) were unable to hold on to important value levels as we near the end of 2025.
Bitcoin Faces $90K Struggle
Bitcoin (BTC) was trying to reach and stay above $90,000—a significant price level—but it couldn’t make it. After briefly touching $90,536 yesterday (on Bitstamp, a cryptocurrency exchange), Bitcoin’s price dropped. As of now, it is trading around $87,500, which means it has fallen by about 2.5% in the last 24 hours.
During that same time, the cryptocurrency market saw about $250 million worth of liquidations. Liquidation happens when traders are forced to sell their assets due to price changes. Out of the $250 million, nearly $200 million came from traders who were betting that Bitcoin’s price would go up (these are called long trades). This data was gathered from Coinglass, a tool that tracks market activities.
If things continue like this, Bitcoin may close the last quarter of 2025 with a loss of about 22%. That would make it Bitcoin’s weakest performance for the October-to-December period (Q4) since 2018, during a prior bear market. Many experts are connecting Bitcoin’s current struggle to on-chain signals (data from blockchain activity), larger economic pressures, and reduced speculation from traders. In the short term, the situation for Bitcoin seems uncertain.
Altcoins Also Struggle
Altcoins—other cryptocurrencies besides Bitcoin—are also losing value. For example, Ethereum (ETH), the second largest cryptocurrency by market size, couldn’t hold its price above $3,000. Right now, it’s trading close to $2,950, down about the same percentage as Bitcoin.
Other popular cryptocurrencies such as Solana (SOL), TRON (TRX), Dogecoin (DOGE), Cardano (ADA), XRP, and Binance Coin (BNB) are down between 1.5% and 2%. Privacy-focused coins, like Zcash (ZEC) and Monero (XMR), have dropped a bigger 6%. Hyperliquid’s HYPE token is also down by 4.4% in the same period.
Some Coins Shine, Others Drop
Even though the overall market is declining, a few coins have done really well today. The biggest winner so far is the HASH token from Provenance Blockchain. It’s up by 8.4% in the past 24 hours. Another coin called Rain has risen by 6.5%.
But not all coins have been so lucky. Midnight (NIGHT), a cryptocurrency, lost a huge 21% of its value today. The token called PUMP, which comes from Pump.fun (a token-creation platform on Solana), has dropped by 13% within the same period.
Overall, the cryptocurrency market is having a challenging time, with both Bitcoin and altcoins underperforming. It remains to be seen how things will develop as 2025 comes to an end.